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bassel.hadak
Nov 25, 2019 6:49 PM

Union Properties DFM nice area to long  

UNION PROPERTIESDFM

Description

I can see a slow moving down , expecting a move up soon
this is a weekly chart , so any trade executed shall be longer term
no trade calls in here, i'm posting my personal view for educational and recording purpose

Comment

lets see how they will react
Comments
deepakkalwani
@BASSEL.hadak yes I agree the share price should be more for UPP, even if you look at the assets it's hold after revaluing it. It's still way way below its price. The share should definately be valued more than 0.50 at least. I feel there is going to be an major move up very soon.
deepakkalwani
Some news are cooking up in the market for Upp, Emaar may come as a partner in building up dubai autodrome project. Rumors so not sure still. Wear your seat belts as this is going to be a rocket flying high.
bassel.hadak
@deepakkalwani, most probably the move going up is gonna be impulsive i agree with you , but talking about targets it might exceed 0.3 levels, many stocks in DFM/ADX are showing these patterns on high Timeframes lately once after another .
deepakkalwani
Union properties general meeting gets delayed. Time to accumulate the shares because this share is going up for a upper circuit. It can go back to 0.30 levels in the short term.
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